Brantford N3S 7E3
Canada

Property

Ownership: For Sale
Type: Unknown
Bathrooms: 25

Financials

Price:C4,999,999
($3,613,300)
(€3,097,400)
Annual Taxes:C38,494
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Rare opportunity to acquire a well maintained 25 unit multi residential apartment building on approximately 0.

Description

Rare opportunity to acquire a well-maintained 25-unit multi-residential apartment building on approximately 0.83 acres in Brantford. The property consists of 24 one-bedroom suites plus one one-bedroom + den, with 16 of the 25 units fully renovated since 2020, including updated appliances, fixtures and plumbing. Current residential rents total approximately $31,545/month ($378,540/year), with approximately $35,472 in identified annual rental upside as below-market units turn over. Additional laundry income is approximately $4,000/year. All suites are individually metered for electricity and water, creating further operating efficiency as legacy tenancies turn over. Major capital improvements include a TPO roof installed in 2016 and inspected in 2025, upgraded electrical panels, suite metering, water shut-off valves, a fire alarm panel replaced in 2024, and a remote-viewing security system. The property includes owned refrigerators and stoves for all 25 suites, two owned commercial hot water tanks, laundry equipment and other building equipment. Strong opportunity for investors seeking stable existing income with meaningful long-term rental and operational upside. Buyer to verify all measurements, zoning, income, expenses and property information.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.